Spotify expresses interest to raise $500 million: WSJ

January 29, 2015 admin citing-people, goldman, goldman-sachs, initial, matter, music-streaming, online, price, price-group, public-offering, spotify, street, street-journal, zenica

(Reuters) – Online music streaming service Spotify is working with Goldman Sachs for a new round of private fundraising which could potentially put off the initial public offering for another year, the Wall Street Journal reported, citing people familiar with the matter. Spotify is talking with investors who are known to buy into companies before a IPO, including mutual fund T. Rowe Price Group, the report said, citing people familiar with the matter.

Read the original:
Spotify expresses interest to raise $500 million: WSJ